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IRS issues procedures related to industry issue resolution program

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Tax Hot Topics: Industry issue resolution programThe IRS issued Rev. Proc. 2016-19, which provides procedures for taxpayers who want to submit issues for consideration under the industry issue resolution (IIR) program. The program is designed to identify and resolve frequently disputed or burdensome tax issues that are common to a significant number of entities.

Rev. Proc. 2016-19 supersedes Rev. Proc. 2003-36 and expands the availability of the IIR program to issues under the jurisdiction of the Tax Exempt and Government Entities Division of the IRS.

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